Mahindra Sees IT Revival

By

Gren Manuel

Jan 23, 2013 5:58 am ET

It is good to do the first interview in Davos with someone who can feel the pulse of the global economy, and Anand Mahindra, chairman and managing director Mahindra & Mahindra Ltd., can to an extent do that.

Sure, the giant Mahindra federation of companies—don’t call it a conglomerate, please—has many large businesses focused on its home market of India. But its information technology business relies on the investment decisions taken in the boardrooms of New York, London, and Frankfurt—and the feeling of Mr. Mahindra is positive.

“The IT companies are going to see a revival,” says the Harvard-educated Mr. Mahindra. “I have been surprised at how strong the recovery has been.”

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